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China and U.S. say they've reached a 'framework' deal on TikTok's ownership

Summary

Chinese and U.S. officials have agreed on a basic plan to address TikTok's ownership. Leaders from both countries will discuss this plan further on Friday.

Key Facts

  • Chinese and U.S. officials announced a framework deal regarding TikTok's ownership.
  • The agreement addresses ongoing concerns about how TikTok is owned.
  • Leaders from China and the U.S. are scheduled to discuss this agreement on Friday.
  • This announcement signals ongoing negotiations between the two countries.
  • The issue of TikTok's ownership has been a contentious topic between China and the U.S.
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